Transcription of Upgrading Our Energy System
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Upgrading Our Energy SystemSmart Systems and Flexibility PlanJuly 20172 Upgrading Our Energy SystemUpgrading Our Energy System 3 ContentsSmart Systems and Flexibility Plan Executive Summary 4 Introduction 5 Guiding principles for a smart , flexible System 7 Towards a smart , more flexible Energy System 10 Removing barriers to smart technologies 11 smart homes and businesses 14 Markets which work for flexibility 16 Conclusion 20 Summary of Actions 214 Upgrading Our Energy SystemExecutive summaryOur Energy System is changing. There is more low carbon generation, much of it located close to people s homes and businesses, and it produces different amounts of electricity depending on factors like the time of day or the weather. New technologies such as storage are emerging and the costs of many of these technologies are falling rapidly. If we take advantage of the opportunities this provides, we can create new businesses and jobs, empower consumers and help people save up to 40bn1 off their Energy bills in the coming Plan is an important part of the Government s Industrial Strategy, the forthcoming Clean Growth Plan, and a core component of Ofgem s future-facing work to enable the Energy System transition.
Upgrading Our Energy System 3 Contents Smart Systems and Flexibility Plan Executive Summary 4 Introduction 5 Guiding principles for a smart, flexible system
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